Latest Real Estate Market News

As we step into 2025, the Reno-Sparks real estate market remains a dynamic and evolving landscape, shaped by the challenges and opportunities of the past year. With fluctuating home prices, inventory shifts, and rising interest rates, sellers and buyers alike are navigating a competitive and nuanced environment. In my latest podcast, I am joined by Elena Boland of Wholesale Mortgage for a comprehensive recap. We take a closer look at how the market performed in 2024, from key trends and median home price changes to inventory levels and buyer activity. Plus, we’ll explore the top 5 financial incentives sellers can leverage in 2025 to attract motivated buyers and close deals effectively. Whether you’re a seller looking to maximize your property’s appeal or a buyer seeking valuable insights, our podcast has something for everyone.

As the calendar year winds down, homeowners have a unique opportunity to reflect on the past year and set the stage for a successful and fulfilling 2025. Whether you’ve spent 2024 tackling renovations, upgrading your landscaping, or simply enjoying the comfort of your home, the end of the year is the perfect time to evaluate your progress and plan ahead.

Nothing shakes up your holiday spirit like the unexpected rumbles of an earthquake! Earlier this month a 5.8 magnitude earthquake near Yerington shook the Reno-Sparks area, serving as a reminder of Nevada’s seismic activity. Did you know Nevada is the U.S.'s third most seismically active state? In this blog post, we'll explore the importance of earthquake preparedness and the role of earthquake insurance in safeguarding your home and family in Northern Nevada.

If you are homeowner in Washoe County, it is once again time to review your Washoe County Property Assessment Notice. This notice will arrive in the mail and can easily get lost in the hustle of the holidays, especially with all of the holiday cards and packages. In this blog, I will highlight the basics of what a Property Assessment Notice is and where you can find out more information on this topic. I have also included a link to my interview with Chris Sarman, Washoe County Assessor, for his expert insights.

The Southwest Vistas neighborhood of Reno offers a perfect blend of scenic beauty, suburban tranquility, and convenient access to urban amenities. If you're searching for a peaceful yet well-connected area to call home in the Biggest Little City, Southwest Vistas is a prime option worth exploring.

The Reno-Sparks real estate market has experienced notable dynamics, reflecting broader regional and national trends. For this month's Reno-Sparks Market Update, Elena Boland from Wholesale Mortgage joined me to help break down the details of these real estate trends. We discuss the steady median home prices at $610,000, a 6% year-over-year increase, and mortgage rates in the low sixes for conventional loans. Learn about the shift in closed sales, seasonal inventory changes, and the key differences between conventional and government-backed mortgage rates as we look back at August's real estate market details for Reno-Sparks.  

Our September 2024 Reno-Sparks Market Update podcast includes highlights on: 

As we get ready to welcome the month of April, lets take a look back at the Reno-Sparks real estate market in March 2024. I recently sat down with Brian Cushing from American Financial Network to provide a comprehensive overview of the March 2024 real estate market in the Reno-Sparks area on my podcast.

Living in Northern Nevada offers a plethora of natural wonders, from the majestic Sierra Nevada Mountains to the expansive Great Basin. However, with this beauty comes the potential for seismic activity, making earthquake preparedness and insurance crucial aspects of living in this region. In this blog post, we'll explore the importance of earthquake preparedness and the role of earthquake insurance in safeguarding your home and family in Northern Nevada.

It’s time for a recap of the Reno/Sparks Residential Housing Market for January 2024! In our latest podcast, we unravel the trends, surprises, and noteworthy developments that have shaped the real estate landscape in the vibrant Reno/Sparks area. Join us as we delve into the data and insights provided by industry expert Brian Cushing from American Financial Network, examining how the market has defied expectations and set the tone for a dynamic and compelling year ahead. From unexpected growth to the challenges faced by buyers, our recap will provide a comprehensive snapshot of the current state of the residential housing market in this bustling region. 

Despite predictions of a downturn in 2023, the market proved the skeptics wrong, showing an impressive nearly 10% increase. However, prospective buyers are navigating challenges like low inventory and elevated prices, requiring a well-thought-out strategy to secure their dream home in 2024.

In our podcast, we highlight the essential Top 5 Home Buying Tips for 2024:

If you are a homeowner in Washoe County, you recently should have received a notice in the mail from the Washoe County Assessor’s Office for your 2024-2025 Property Assessment Notice. This is an important document that can easily get lost in the hustle of the holidays, especially with all of the holiday cards and packages. In this blog, I will highlight the basics of what a Property Assessment Notice is and where you can find out more information on this topic. I recently interviewed Chris Sarman, Washoe County Assessor, for his expert insights and have the link to our podcast listed below.